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CAR RENTAL INDUSTRY
China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...
Fuel prices are shaping summer plans as US boaters get ready to hit the waterBoaters face higher fuel costs impacting summer plans. Gas prices are up significantly, affecting everything from pontoon boats to large ya...
Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
'Playing the long game': Airbnb CEO Brian Chesky eyes India as one of firm's biggest global marketsAirbnb is committed to a long-term strategy in India, a rapidly growing market. CEO Brian Chesky highlighted significant investments planne...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27%In the coming quarters, two things will impact earnings: High crude oil prices and a weak rupee. A rising dollar puts pressure on the margi...
Avis stock's roller coaster drags US' big index Dow Jones Transportation Average along for the rideAvis Budget shares experienced a dramatic 70% plunge, following a massive surge, highlighting meme stock exuberance. This volatility signif...
US stocks today: US stocks close lower on fading hopes for quick Iran deal, mixed quarterly earningsU.S. stocks declined amid escalating Iran war concerns and mixed earnings. Hopes for a swift resolution dimmed as Iran tightened control ov...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%It is tough to think positively about the markets when all the news is about blockades, wars, and everything that can disturb the global ec...
Why was Gucci Mane kidnapped, and who are the suspects? Big30, Pooh Shiesty, and his father’s alleged role, evidence presented by investigators, charges and possible penaltiesWhy was Gucci Mane kidnapped, and who are the suspects? Federal prosecutors say Pooh Shiesty, Big30 and seven others kidnapped and robbed G...
'Kanjoos' Sara Ali Khan proves the power of saving even a rupee as actress is set to earn Rs 4 crore from rent of just one property aloneActress Sara Ali Khan is making smart financial moves. She has leased out a Mumbai bungalow for a significant sum over five years. This dea...
Actress Madhuri Dixit takes 731 square feet property on rent in Lower Parel for Rs 2.81 crore for five years in One Lodha Place, check the rental trendActress Madhuri Dixit has leased a commercial unit in Mumbai's One Lodha Place for five years, starting at Rs 4.25 lakh per month. The rent...
WTI Cabs IPO: Check issue size, price band and other detailsRental car operator Wise Travel India's (WTI Cabs) IPO will open for subscription and will close on February 14. The company aims to raise ...
Hertz orders 100,000 Tesla electric autosThe car rental giant, which emerged from a bankruptcy reorganization earlier this year, said the electric vehicles (EV) would be available ...
Zoomcar eyes newer markets to become profitableKolkata is part of 12 city operation for Zoomcar which has received healthy response from this eastern zone city.
How Sakshi Vij is revving up a good deal with car rental company MylesWith a mission to reduce the number of cars on the road, Myles relies on vehicles aggregated through self-drive operators and car dealers a...
Carzonrent to spin off Myles into a separate unit; will look to raise $20 million for self-drive businessMyles competes with Bengaluru-based, Sequoia Capital-backed Zoomcar and US-based car rental major Avis, among others, in India.
UAE-based Travelauto.com opens office in HyderabadA UAE-based leading online car rental company has opened an office in Hyderabad which will have its 24x7 customer and technical support.
- How Rajiv Vij became the Czar of rented cars in India
A Faculty of Management Studies (FMS) graduate, Rajiv started his career selling Hindustan Motors’ Ambassador cars.
- Non-metro airports next hotspots for car rental firms
Industry analysts say that the self-drive component comprises barely 5% of the car rental industry and is poised to go up to 20%. In pics: ...
- Car rental cos to hit the non-metro lane
Upcoming non-metro airports in Bangalore, Nagpur, Hyderabad and Chandigarh are the next hotspots for the burgeoning car rental market; more...